Settlement Funding For Wrongful Death
Losing a loved one can be an emotional and financial burden for those left behind. Loss of income and funeral costs can leave you wondering how to manage financially. There is help ECO pre-settlement funding available to those who have wrongful death claim and need immediate financial relief.
What is Wrongful Death Lawsuit?
Wrongful death is a civil action brought by the closest family member of a deceased person to recover damages for losses caused by the other person’s negligence, recklessness, or intentional wrongdoing. The wrongful death lawsuit can also be filed by the decedent’s next of kin. The type and amount of loss suffered varies depending on the relationship between the plaintiff and decedent and can include: medical and funeral expenses, lost wages, wrongful death damages, and compensation for a family member’s loss of companionship.
There are a number of tragic situations that could result in a wrongful death because of the negligent actions of another party. The most common include car accidents, instances of medical malpractice, dangerous products, motorcycle crashes, truck accidents, and situations involving premises liability.
02. APPLY FOR
As wrongful death claims have a limited time frame within which you can file lawsuit, wrongful death lawsuit funding is primarily used for immediate wrongful death lawsuit funding purposes.
03. WE EVALUATE YOUR
Wrongful Death Claim
At ECO Pre-settlement Funding, we understand the pain of losing someone due to wrongful death. Our team will look up your application and do a quick review by discussing with your lawyer.
Wrongful Death Lawsuit Loan
We disperse the wrongful death pre-settlement funding in less than 24 hours, once the plaintiff and their attorney agrees to our terms of structure settlement fund.
WHY YOU NEED
Wrongful Death Case Funding
Wrongful death lawsuit is brought by the personal representative of the decedent’s estate or an heir at law in his/her own right to recover losses caused by another person’s wrongful act.
URGENT FINANCIAL RESOURCE
Wrongful death lawsuit funding is a great resource for people who have filed a work injury case, and aren’t sure if they should take the insurance settlement or not. The biggest reason why this type of financing works so well, is that it allows an injured party to consider all their options before making a decision.
Our wrongful death lawsuit funding company provides a settlement in the form of a lump sum, it lets an injured party have time to consider the best way to use that investment.
Those who use wrongful death lawsuit funding might consider getting a lump sum of money for things like:
– Medical Costs & Debt (some medical costs can accrue interest, making them even more expensive)
– Security Deposit (for renting an apartment, or buying a home)
– An Extension On A Lease (if an injured party is in between settlement offers)
– More Time To Get A Job, Or Start A Business (for injured parties who are no longer able to support their families)
– Investing For The Future (in case the person dies before they get access to the money from the settlement)
Wrongful Death Claim Types & Damages That Can Be Recovered
TYPE OF WRONGFUL DEATH LAWSUIT
There are three types of Wrongful Death Claims. The first type is called a survival action. This can be brought against the person who was killed, their estate’s representative, or the successor representative of the estate.
The second wrongful death claim is a funeral expense recovery cause of action. An example would be if someone pays for a funeral, they can sue for reimbursement.
The third type of claim is called a dependency action. This would be when a family member of the person who was killed claims “loss of filial support.”
For example, if a child loses their mother or father and they were depending on them for financial support, they could file a wrongful death claim against the party at fault.
DAMAGES THAT CAN BE RECOVERED
Different types of damages that can be recovered include loss of financial support, medical and funeral expenses as well as the loss of companionship or consortium.
Compensation for wrongful death is meant to be used for any damages that were incurred prior to the time of death. The most common examples would be expenses like funeral costs, medical bills, and loss of future income due to the fact that it cannot be compensated with money.
Wrongful Death Lawsuit Loans FAQ’s
What is Wrongful Death Claim?
Wrongful death is a type of civil lawsuit that can be brought up when someone’s untimely physical death was caused by the negligence, either accidental or on purpose, of another person.
In most cases where a wrongful death suit is filed against another party, it will typically involve compensation for the financial loss experienced by those who are closely related to the deceased.
For parents, children, spouses, or siblings of the deceased person, this means asserting the fact that they are entitled to compensation for their loss in order to receive monetary damages from the negligent party.
What is Wrongful Death Lawsuit Funding?
What are wrongful death lawsuit loans? They are also referred to as litigation cash advances, which are typically used for wrongful death lawsuits. Keep in mind that you will need proper proof of your case before applying whether it be medical bills or an official police report.
Most wrongful death lawsuits are settled out of court, so there is rarely a guarantee that you will win the case, especially since it is often contested. This is why applying for one of these loans can help ease some of the money issues you might be having while waiting for your settlement.
Who are eligible for Wrongful Death Case Funding?
It is not always easy to determine who is eligible for wrongful death lawsuit loans. When the victim had a family, they are typically allowed to receive compensation that covers funeral costs and other financial burdens associated with their loss. This money does not go directly to the victim’s family; rather it is used as reimbursement for expenses they have already paid.
How Wrongful Death Lawsuit Loans Work?
When a person dies unexpectedly, their family members are left to cope with the loss while also handling funeral costs and other financial burdens associated with losing a loved one. If they were involved in an accident that resulted in death, the family may be able to file for wrongful death damages.
However, this can be difficult if they lack the money to pay for legal representation. The pre-settlement funding then helps the plaintiff with the urgent money they require for certain purposes such as bill payment, treatment, etc.
Amount I can get for Wrongful Death case?
Family members who are having an ongoing lawsuit of wrongful death for their loved ones can apply for cash advances of $500 to $500,000. The fund will help you with the trial and urgent need for money.